By Deepa Seetharaman NEW YORK, Dec 30 (Reuters) - Overseas shares traded in the United States rose on Tuesday after the U.S. government took a $5 billion stake in GMAC, the financing arm of General Motors, in the latest attempt to limit the effects of the recession. The move helped boost hopes that the U.S. would do whatever necessary to jumpstart its economy, the world's largest. Stocks across all sectors gained, including financials, automakers and pharmaceutical companies. The Bank ...
Premium Content (PAID Subscription Required)
"ADR Report-ADRs rise as US auto bailout boosts optimism" is part of the paid WardsAuto Premium content. You must log in with Premium credentials in order to access this article. Premium paid subscribers also gain access to:
All of WardsAuto's reliable, in-depth industry reporting and analysis
Hundreds of downloadable data tables including:
• Global sales and production data by country
• U.S. model-line inventory data
• Engine and equipment installation rates
• WardsAuto's North America Plant by Platform forecast
• Product Cycle chart
• Interrelationships among major OEMs
• Medium- and heavy-duty truck volumes
• Historical data and much more!
Current subscribers, please login or CLICK for support information.